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rocketman
@rocketman
New /flows direction 🤠 In order to allocate capital, we need to measure impact. In order to measure impact, we need truthful data. Put another way, we need to make it incredibly costly to fake impact. So much so, that the only economically rational thing to do is to act honestly and build for Nouns. We require periodic updates from builders. Different verification methods aim to make it harder to maintain a lie over time. But we still need to rewards investigators to research, spot, and challenge liars. There's currently no explicit reward to do this, outside of the implicit incentive of being a TCR token holder.
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rocketman
@rocketman
@krel agreed re: prediction markets we just wanted some market to reward investigators. the one outlined here seems much cleaner, wdyt?
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krel
@krel
i think thats right but my broader hunch is that its a downstream problem to deal with later yes you want to get truthful data but you can still measure growth and chalk up a certain % to rugs or whatever, similar to how warpcast can measure growth while knowing 10% are bots
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rocketman
@rocketman
yea but we can't chalk up any % to rugs if we don't have good data? fundamental problem to solve is truthful metrics imho, everything else is downstream of that
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krel
@krel
that feels quite unlikely to me but youve thought about this more
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rocketman
@rocketman
ok forging ahead with offchain metrics before new smart contracts/tokens, think you're right
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krel
@krel
following closely!
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